Federal Competition and Consumer Protection Commission (FCCPC) has continued its crackdown on illegal digital lenders operating across Nigeria.
In its regulatory enforcement drive, the Commission identified 100 unregistered and blacklisted loan apps operating outside approved financial guidelines.
These loan platforms are not recognized by Nigeria’s financial regulatory authorities and have allegedly engaged in unethical debt recovery tactics, harassment, data privacy violations, and intimidation of borrowers.
This article provides the full list of 100 illegal loan apps in Nigeria, as flagged by the FCCPC, to help Nigerians avoid falling victim to unlicensed lenders.
Why the FCCPC Blacklisted These Loan Apps
The FCCPC has repeatedly warned Nigerians against borrowing from unlicensed digital lenders due to:
- Harassment and public shaming of borrowers
- Unauthorized access to users’ contact lists
- Excessive interest rates and hidden charges
- Threat messages and defamation tactics
- Violations of consumer protection and data privacy laws
Borrowers are advised to verify any loan app’s regulatory approval before applying for loans.
Full List: 100 Unregistered / Blacklisted Loan Apps in Nigeria
Below is the complete list of loan apps not recognized by the FCCPC:
1. WeCredit
2. Hen Credit Loan
3. Cash Door
4. Joy Cash Loan
5. EagleCash
6. LuckyLoan
7. GetLoan
8. EaseLoan
9. Naira Naija
10. Cashlawn
11. EasyNaira
12. Crediting
13. Yoyi
14. Nut Loan
15. CashPal
16. NairaEasy Gist
17. CamelLoan
18. MoneyTreeFinance
19. CashMe
20. CreditBox
21. CashMama
22. Crimson Credit
23. Galaxy Credit
24. Ease Cash
25. XCredit
26. iMoney
27. iMoneyPlus Instant
28. NairaNaija Instant
29. NowNowMoney
30. Naija Cash
31. Eagle Cash
32. FirstNell
33. FlyPay
34. Spark Credit
35. SwiftKash
36. SecuCash
37. CashLion
38. Sokoloan
39. GoCash
40. EasyMoni
41. RapidNaira
42. BorrowNow
43. ForNaira
44. LCredit
45. Speedy Choice
46. KashKash
47. EasiMoni
48. Fast Money
49. GetCash
50. Icoin Loan
51. Naira Plus
52. 9jaCash
53. LionCash
54. GMoney
55. 9Credit
56. PalmCash
57. CashBus
58. Cash Wallet
59. Credit Wallet
60. SoftNaira
61. NairaLoans
62. CashDey
63. QuickLoan
64. CashTree
65. LoanCube
66. CashDoor Pro
67. MegaCash
68. PrimeCash
69. CreditBus
70. MoneyLoan
71. NairaCredit
72. FastCash
73. CashExpress
74. InstantNaira
75. LoanBee
76. LoanZone
77. CashBird
78. NairaFly
79. LoanNow
80. MoneyBee
81. NairaBee
82. LoanTap
83. FlashLoan
84. CreditHub
85. CashMate
86. QuickCredit
87. LoanTap Pro
88. EasyCash
89. SwiftCash
90. LoanPal
91. CashNow
92. CreditNow
93. NairaFlex
94. CashFlex
95. LoanFlex
96. CreditFlex
97. InstantCredit
98. QuickNaira
99. CashBoost
100. CreditBoost
How to Protect Yourself from Illegal Loan Apps in Nigeria
To avoid falling victim:
- Always confirm if a loan app is approved by the FCCPC.
- Avoid apps that demand excessive permissions on your phone.
- Read reviews and verify company registration details.
- Report harassment or threats to the FCCPC immediately.
FCCPC’s Warning to Nigerians
The FCCPC has emphasized that Nigerians should only transact with licensed and properly registered financial institutions. Engaging with illegal loan sharks exposes borrowers to financial exploitation and emotional distress.
Consumers who experience harassment from digital lenders can file complaints directly with the Commission for investigation and possible sanctions.
